The UK's headline rate of inflation reached to 12-month high. However, it remained below the two percent target of Bank of England for two years. The consumer prices index rose following the price rise in oil, clothing and food products. Economists and consumers are looking to UK's central bank whether it'll raise interest rate or not.
price war
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Telecom Italia's chairman Franco Bernabe said that price was unsustainable and an alliance was likely to happen.
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